The start-up of the Center de Data-based in Sweden Evroc has collected more than 50 million euros ($ 54.3 million) in its series of financing for the A series.
Directed by the international investment company BLISCE /, the financing round was “completed” in 2024.
La Ronde also saw the participation of Transatlantic Investor Giant Ventures and existing donors EQT Ventures and Norrsken VC.
The company plans to use investment to accelerate the development of its hyperscal cloud and AI infrastructure in Europe.
The founder and CEO of the Evroc, Mattias Åström, “said:” 2025 will be a year of training for Evroc. With the recent announcements of our AI factory in France and our plans for an AI data center in Stockholm, this financing round was decisive in setting the bases of our next growth phase.
“The support of existing investors EQT Ventures and Norrsken VC, as well as our new Blisce / and Giant Ventures investors will be essential to stimulate our European expansion.
“Together, we aim to build a secure cloud and AI platform, sovereign and lasting for Europe, and thus empower the next generation of EU startups, feed job creation and stimulate economic growth.”
In February 2025, Evroc announced its intention to establish the first AI factory in Mougins, France.
The planned 96 MW hyperscal center should have a capacity of 50,000 GPU. It should be operational by 2025, with progressive capacity extensions.
In addition, Evroc plans to secure two additional sites, each of more than 100 MW, in France in 2025.
In 2023, Evroc said he set a goal to raise 3 billion euros Within two years to build two hyperscal data centers in Europe.
At the end of this decade, Evroc plans to operate ten hyperscal data centers, employing more than 10,000 people.
“Evroc secures 50 million euros to advance European AI and cloud” was created and published by VerdictA brand belonging to GlobalData.
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